Archive for March 9th, 2018
Ministers who agree with Nazri and find it easy to defend Najib on the 1MDB scandal because Najib is innocent of all allegations made against him please put up your hand!
Posted by Kit in Corruption, Financial Scandals on Friday, 9 March 2018
The Minister for Tourism and Culture, Datuk Seri Nazri Aziz is the latest addition to the Prime Minister Datuk Seri Najib Razak’s growing band of 1MDB court jesters.
Nazri made quite a fantastic statement in his exclusive interview with Malaysiakini, declaring that it is not difficult to defend his “boss”, as Najib is innocent of all the allegations against him with regard to the 1MDB scandal.
I get the impression that Nazri is the only Minister who feels that it is easy to defend the Prime Minister over the 1MDB scandal on the ground the Najib is innocent of all the allegations against him.
We have had a Minister, one who had been named Cabinet spokesman for 1MDB in 2015, who fell ill because of the mental agony he had to go through to defend the 1MDB scandal. Read the rest of this entry »
Best way to remember Sanusi is to fulfill his dream for a change of government in Putrajaya in the 14GE
Posted by Kit in nation building on Friday, 9 March 2018
It is sad to receive news of Sanusi Junid’s passing this morning.
He himself said he was living on “borrowed time” and his attendance of the launch of Pakatan Harapan’s Manifesto for the 14th General Election in Shah Alam last night showed the significant progress achieved to realise his last dream of his “borrowed time” – to save Malaysia from the trajectory of a failed, rogue and kleptocratic state and to re-set nation building policies and directions to make Malaysia a success story and a world-class nation.
The best way to remember Sanusi is to fulfil his dream for a change of government in Putrajay in the 14th General Elections. Read the rest of this entry »
1MDB scandal should be on agenda of ASEAN Summit in Sydney next weekend to discuss how 30 million Malaysians could get justice from the world’s worst kleptocracy
Posted by Kit in Corruption, Financial Scandals on Friday, 9 March 2018
Yesterday, the world learn about the banker son of Australian Prime Minister Malcolm Turnbull, Alex, becoming one of scores of international victims of 1MDB scandal.
But even more important than the international victims of the 1MDB scandal, which are not confined to individuals but also banks and financial companies – are the 30 million Malaysians who are directly the victims of the 1MDB scandal.
What is being done to give justice to the 30 million Malaysians?
Alex was sidelined from his executive position at Goldman Sachs after acting as a whistle-blower on allegedly shady deals involving billions between the global investment bank and the Malaysian state investor, 1MDB.
In 2012 and 2013, while Alex was working at Goldman Sachs in Singapore, the bank raised US$6 billion (RM24 billion) in bonds for 1MDB, in deals organised by senior banker Tim Leissner.
The bank earned US$590 million in fees and commissions from the 1MDB deal. Read the rest of this entry »